WiLAN and Funai Enter License Agreement

OTTAWA, Canada – December 29, 2016 – WiLAN (TSX:WIN) (NASD:WILN) today announced that the Company and Funai Electric Co., Ltd. (“Funai”) have entered into a multi-year license agreement.

“We are very pleased to have signed a license agreement with major Japanese television manufacturer Funai,” said Jim Skippen, President & CEO, WiLAN. “Funai is a manufacturer of consumer products and ranks among the top five television suppliers to the United States, with brands such as Magnavox, Sanyo, and Emerson. This agreement was achieved without having to undertake litigation.”

The consideration to be paid to WiLAN and all other terms of the license agreement are confidential.